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Motricity
MOTR
announced today that it has taken significant steps to reorganize the company
in order to capitalize on changing customer and market conditions. As part of
the realignment, the Company has decided to close its operations in Asia. This
shift will enable Motricity to concentrate efforts on the burgeoning
opportunity the Company sees in the mobile advertising and enterprise space,
while continuing to provide focused service to the largest carriers in North
America.
In addition to hiring sales resources to focus on market opportunities in
North America and expand its penetration into carriers, the Company is also
investing in product development. Work is underway on the next version of
products designed to expand Motricity's current suite of solutions and
services.
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